GRI Form 4: Director Roelof Rongen receives 4,527 stock options
Rhea-AI Filing Summary
Roelof Rongen, a director of GRI Bio, Inc. (GRI), was granted a stock option to buy 4,527 shares of common stock at an exercise price of $1.30 per share on 08/13/2025. The option vests in four equal quarterly installments and is fully vested on the first anniversary of the grant date, with an exercise/expiration schedule showing exercisability beginning 08/13/2025 and an expiration date of 08/13/2035. Following the grant, Mr. Rongen directly beneficially owns 4,527 underlying shares/options. The Form 4 was filed as a single reporting person filing and signed by an attorney-in-fact on 08/14/2025.
Positive
- Director equity alignment: The reporting person received an option grant of 4,527 shares, aligning director incentives with shareholder value.
- Clear vesting terms: Vesting is specified as four equal quarterly installments, fully vested on the first anniversary, providing transparent service-based vesting.
Negative
- None.
Insights
TL;DR: Director received a standard option grant of 4,527 shares with one-year cliff-style vesting, resulting in direct ownership of 4,527 options.
The grant is a routine equity compensation event for an issuer director. The option price of $1.30 and a ten-year term to 2035 are typical for incentivizing long-term alignment. Vesting in four equal quarterly installments over one year means incremental service-based vesting rather than immediate full vesting. The disclosure is clear and complete regarding amounts, price, vesting frequency, and post-transaction beneficial ownership.
TL;DR: Governance-wise this is a standard director option grant with explicit vesting schedule and direct ownership disclosure.
The filing identifies the reporting person as a director and provides required details: transaction date, option amount, exercise price, vesting schedule, and beneficial ownership post-transaction. The Form 4 was filed individually and signed by an attorney-in-fact, meeting procedural requirements. No other governance actions or changes are disclosed.